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Holistic Marketing Concept in Marks and Spencer

   

Added on  2023-05-30

12 Pages1191 Words173 Views
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Marketing
Concepts and
Internal Relations
Holistic Marketing Concept in Marks and Spencer_1

Introduction
Holistic marketing concept in Marks and Spencer (M & S) is that business marketing concept which considers all parts of the
business as a single entity and gives a common purpose to every activity and person connected with the business.
In the case of retailers like M & S, it could be restricted only to selling or the marketing concepts. It is due to fact that they operate
for both the purposes. They want goods to move out of the stores as early as possible and for that, they implement the selling
concept where they offer low price and buy one get one offer.
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Overview of the Different
Marketing Processes
Marks and Spencer is a marketing-oriented company and marketing is their only focus
They try to invest the whole amount of money on their brands and services to fulfill the marketing functions, which are primarily and
particularly emphasizing on satisfying the demands of the consumers (Wright, Wright and Kooli, 2016).
M & S has introduced a promotional strategy to gain the lost share of the market
The company has increased its communication where its aim was to increase confidence within the customers and soon their marketing
campaign not only increased its sales but also worked as a competitive advantage for M & S above other business in the market (Chow,
Lai, and Loi, 2015).
M & S have increased their distribution of its products.
The current distribution strategy is running fine but it has to be updated. Like Wal-Mart, M&S has also announced a computer-based
distribution channel.
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Explanation of the Role and
Responsibilities of a Marketing Manager
The marketing managers are responsible for the marketing department and so are in charge of the staffs within their department.
They allocate duties and set goals for departmental employees. (Gopaldas, 2015).
The marketing managers examine the market trends with the target of recognizing the unexploited or new markets for the products
and services of the company.
The marketing managers have to be efficient in performing their roles and must have excellent communication and analytical
capabilities. The marketing managers are responsible of the entire marketing activities of the companies.
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